Evaluating the financial performance of banking industry in TSE: applying TOPSIS logic in Data Envelopment Analysis(DEA)

Subject Areas : Management Accounting

محمدرضا رستمی ¹ (نویسنده مسئول)
جواد قاسمی ² (ندارد)
فرزانه اسکندری ³ (ندارد)

Received: 2011-04-04 Accepted : 2011-06-10 Published : 2011-03-21

Keywords: Performance evaluation, Data Envelopment Analysis, ideal DMU, antiideal&#x0D, &#x0D, DMU,

Abstract :

Evaluating financial status of banking industry helps managers to understand theniche and make right decisions based on results. In this paper we develop a systemicapproach to evaluate efficiency based on TOPSIS-DEA, which applies TOPSIS rulesin DEA. We ranked all listed banks based on both optimistic and pessimisticapproach. This method uses two virtual ideal and anti-ideal DMU and measures theefficiency of each DMU according to virtual ones, putting this results in a relativeneighborhood index we are able to rank DMU's. results showed Karafarin, Mellat andParsian have the least intervals with the ideal and Saderat has the most, and with theanti-ideal Saderat has the least while Karafarin has the most intervals.